Not too strong for the A team. We have specialists in that area. image If you have time, wait for a trade call from Aus. A more risky approach would be to grab an entry point around 231.80 (1H 5SMA). If it goes much below 231.80 avoid a long trade ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

I think your timing is right this time, my friend! Ron image

Auslanco - GBP/JPY and GBP/USD (newstrade)

Works for me. If you try again and it still doesn't work, go into member options and change your editor type to something else. That might fix it.

Auslanco - GBP/JPY and GBP/USD (newstrade)

"The A Team". I like that, and it has meaning. Nice job! image

Auslanco - GBP/JPY and GBP/USD (newstrade)

Or at least the greatest practitioner . . .

Auslanco - GBP/JPY and GBP/USD (newstrade)

You sly dog!

Auslanco - GBP/JPY and GBP/USD (newstrade)

1H 5SMA is quite a bit lower now, and may have been touched. There's still a chance for some good positioning. Ron

Auslanco - GBP/JPY and GBP/USD (newstrade)

That's kind of late! Do you try to trade during certain hours?

Auslanco - GBP/JPY and GBP/USD (newstrade)

It sure looks like we've found a new price range. Roughly 231.50 - 232.50.

Auslanco - GBP/JPY and GBP/USD (newstrade)

Hmm . . . will we need a jack hammer to get any lower today?

Auslanco - GBP/JPY and GBP/USD (newstrade)

I'm short from 232.08, because of crossed QQE indicators (1 hr, 30 min, 15 min). SL at 232.48, and TP at 231.48. Time to head south! Ron image

Auslanco - GBP/JPY and GBP/USD (newstrade)

We were having some fun tossing around the idea of "hope" in trades, and the thread just kind of evolved. Part humor, part serious. It started around page 1661, if you care to read through it. At my stage of development in part time trading, hope is ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

Skill and confidence replace mere hope . . .

Auslanco - GBP/JPY and GBP/USD (newstrade)

I've heard that the ultimate trading state of mind is to be totally dispassionate. If you truly achieve this, then you execute your trading plan to the best of your ability, without caring about the results. In this case hope would be absent from ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

Hope you remember when it's okay to hope?

Auslanco - GBP/JPY and GBP/USD (newstrade)

And: url

Auslanco - GBP/JPY and GBP/USD (newstrade)

The law of attraction, and how it works. Ron image

Auslanco - GBP/JPY and GBP/USD (newstrade)

That's a very good policy when deciding what position to take. On the other hand, deciding to check the charts for a trading opportunity might be based on hope. And it's only human nature to hope the trade turns out well after you make one. And even ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

I'm glad to see that it made it down to 1 hour 5SMA. For a little while it looked like it would only cover 30 min 5SMA. Then we'd probably have to catch the 1 hour later on. Now it has both out of the way, and we can get back to business!

Auslanco - GBP/JPY and GBP/USD (newstrade)

Me too!

Auslanco - GBP/JPY and GBP/USD (newstrade)